Controller's Report

August 2009

HR Strategies: Survey Shows 52% of Cos. Have Enacted Freezes or Reductions in Salaries

To reduce their workforce costs during the recession, companies are now increasingly relying on salary freezes or pay reductions, not layoffs. This is a critical finding of a new survey, which CR has summarized in the associated table.

August 2009 - Table of Contents

CR August 2009 (full PDF issue)

Exercising Leadership: How Controllers Alleviate Hidden Costs in Outdated Working Capital Strategies

Keeping Control: Audit Fees Up 3.7 Percent at Private Companies

Staying Current: Buck Survey Pegs HMO Cost Rise at 11 Percent in �09

Broker Commissions: Broker Fees for P&C Coverage Average 8.8 Percent of Premium

The Controller�s Calendar (0908)

HR Strategies: Survey Shows 52% of Cos. Have Enacted Freezes or Reductions in Salaries

Bank Charges: Eight Checking Account Services Priced in New Survey

401(k) Contributions: 29% of Cos. Modifying Their 401(k) Contributions During 2009 Plan Year

Coming in future issues of The Controller�s Report (0908)

PPO Expenditures: PPO Costs Up 5.3% at Companies With Less Than 500 Employees

The Controller's Forum (0908)

Manufacturing Costs: Median COGS at 68% of Revenue at 431 Manufacturers

P&C Rates: May Decline in Composite P&C Premiums at 6 Percent

Inventory Investment: Supermarket Median Inventory Turnover Rates at 15.4 Times Per Year

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